Saturday, August 09, 2014

India To Buy 262 Barak-I Anti-Ship Missiles From Israel

Source Defencenews.com :The Indian government is moving the cabinet committee on security (CCS) to buy 262 Barak-I anti-ship missiles worth $163 million only two weeks after New Delhi voted for a UNHRC resolution against Tel Aviv on its Gaza offensive.

The acquisition has been in motion since it was cleared by defence acquisition council under then defence minister AK Antony last December.

According to reports, the CCS vote was moved this week for the purchase of the missiles from Israeli Aircraft Industries and Rafael Advanced Systems of Israel, both of whom were investigated by the Central Bureau of Investigation (CBI) in 2006 for allegedly paying kickbacks in a missile deal and were later black-listed.